So far day's High minus one (large) Interval or 802.25 - 12.50= 789.75
Objective: 789.75 + 1/2 Interval or 796
Stops: I normally use half my objective. So If I am going for,
say, six points, my stop would be at 790 - 3 or 787.
*I am omitting the word "near" following "Selling" or "Buying".
I have been asked repeatedly to explain my day-trading style.
Please click on "Equidistant Levels Explained" on the right side
of the page.
Or click here.
Monday, March 23, 2009
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3 comments:
Thanks for the explanation. Good luck.
Will,
Are you bullish or bearish near-term?
I am getting bullish, but thinking we might see a small pullback first.
I agree with you, Win.
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